{"id":65504,"date":"2024-02-23T10:10:31","date_gmt":"2024-02-23T09:10:31","guid":{"rendered":"https:\/\/staging.i4ce.org\/?p=65504"},"modified":"2024-03-04T10:47:49","modified_gmt":"2024-03-04T09:47:49","slug":"european-climate-investments-must-double-to-hit-2030-eu-targets","status":"publish","type":"post","link":"https:\/\/staging.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/","title":{"rendered":"European climate investments must double to hit 2030 EU targets"},"content":{"rendered":"<p><strong>This week,\u00a0I<span style=\"color: #ff0000;\">4<\/span>CE\u00a0launches the first European Climate Investment Deficit report. During a year&#8217;s research, we analysed\u00a0investments in 22 sectors of the EU27 economy that are critical for the EU to deliver its 2030 climate and energy security objectives. The European Green Deal is gaining economic momentum,\u00a0as climate investments in the EU grew 9% in 2022, reaching \u20ac407Bn\u00a0per year in those 22 sectors. Those investments in renewable energy, building renovation and electric vehicles ensure lower\u00a0European\u00a0greenhouse gas emissions in\u00a0the years to come. However, to reach the EU 2030 objectives, we would need to see an average yearly investment of \u20ac813Bn.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>We conclude that the European Climate Investment Deficit is at least 407Bn\u20ac, or 2.5% of the EU GDP. In other words, investments in modernising energy, transport, and buildings must double for the EU to hit 2030 climate targets.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>I<\/strong><span style=\"color: #ff0000;\"><strong>4<\/strong><\/span><strong>CE<\/strong>\u00a0therefore calls on EU policy makers to better address and assess the climate investment deficit. In our launch event in Brussels,\u00a0we discussed the potential policy solutions. Ideas such as an EU Long-term Climate Invesment Plan, an EU permanent investment capacity and a \u2018Juncker Plan on steroids\u2019 were raised. Clearly, there is a growing consensus that investments should be at the centre of the future of the European Green Deal.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>I<span style=\"color: #ff0000;\">4<\/span>CE<\/strong>\u00a0will continue to provides evidence to nurture this debate. 100 days ahead of the 9 June\u00a0EU elections, it is time for Europeans to discuss the investment pathway to build the future they want.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/mailchi.mp\/i4ce\/i4ce-newsletter-semaine-04-666972\" class=\"external_link \" target=\"_blank\">Read the newsletter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week,\u00a0I4CE\u00a0launches the first European Climate Investment Deficit report. During a year&#8217;s research, we analysed\u00a0investments in 22 sectors of the EU27 economy that are critical for the EU to deliver its 2030 climate and energy security objectives. The European Green Deal is gaining economic momentum,\u00a0as climate investments in the EU grew 9% in 2022, reaching [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":59832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-65504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreword-of-the-week"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>European climate investments must double to hit 2030 EU targets - I4CE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European climate investments must double to hit 2030 EU targets - I4CE\" \/>\n<meta property=\"og:description\" content=\"This week,\u00a0I4CE\u00a0launches the first European Climate Investment Deficit report. During a year&#8217;s research, we analysed\u00a0investments in 22 sectors of the EU27 economy that are critical for the EU to deliver its 2030 climate and energy security objectives. The European Green Deal is gaining economic momentum,\u00a0as climate investments in the EU grew 9% in 2022, reaching [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\" \/>\n<meta property=\"og:site_name\" content=\"I4CE\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-23T09:10:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-04T09:47:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.i4ce.org\/wp-content\/uploads\/2022\/11\/Thomas-Pellerin-Carlin-twitter-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sacha Poree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:site\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sacha Poree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\"},\"author\":{\"name\":\"Sacha Poree\",\"@id\":\"https:\/\/www.i4ce.org\/#\/schema\/person\/019647dfff6cbbde1a8f49ae7edf6346\"},\"headline\":\"European climate investments must double to hit 2030 EU targets\",\"datePublished\":\"2024-02-23T09:10:31+00:00\",\"dateModified\":\"2024-03-04T09:47:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\"},\"wordCount\":275,\"publisher\":{\"@id\":\"https:\/\/www.i4ce.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2022\/11\/Thomas-Pellerin-Carlin-twitter-scaled.jpg\",\"articleSection\":[\"Foreword of the week\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\",\"url\":\"https:\/\/www.i4ce.org\/en\/european-climate-investments-must-double-to-hit-2030-eu-targets\/\",\"name\":\"European climate investments must double to hit 2030 EU targets - 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